Two Mutually Exclusive projects from Delta Enterprises have projected cash flows as follows:

End of Year	Project U	Project V
0	-3500	-3500
1	2000	1500
2	1500	1500
3	1000	2000
4	500	2500

Requirements:

Determine the Internal Rate of Return for each Project.

Determine the net present value for each project at discount rates of 7%, 14%, and 21%.